FCC asks telecom companies to help trace international robocalls

Last year, the Federal Communications Commission (FCC) banned robocalls from international numbers. Now, it's calling on phone companies to help trace international robocalls back to their "fraudster" sources. Today, the FCC sent letters to seven gat...

Russian hacker behind an elite crime forum pleads guilty to multiple charges

Last week, a well-connected Russian cybercrime boss, Aleksei Burkov, pleaded guilty to running an online criminal marketplace and a site that sold stolen credit and debit card data. What's even more intriguing, than the $20 million in fraudulent purc...

Facebook and eBay crack down on fake product reviews after UK warning

Facebook and eBay are taking steps to crack down on fake and misleading product reviews, following an advisory notice from the UK's Competition and Markets Authority (CMA). Both companies have signed agreements to better identify, investigate and res...

DOJ charges two Russians with using malware to steal millions

Officials are offering a $5 million reward for information that leads to the capture of Maksim Yakubets of Moscow. Yakubets is one of two Russian nationals charged with cybercrimes that resulted in tens of millions in losses. The $5 million reward is...

Fraud forces Valve to kill ‘CS:GO’ loot box key trading

Valve's policy of allowing Counter Strike: Global Offensive players to buy and re-sell keys to access in-game loot boxes is no more. The company has announced that the marketplace has apparently been taken over by large fraud networks as a way of lau...

Echo Fox co-owner sues team partners over fraud claims

The tumult at Echo Fox isn't subsiding any time soon. The esports team's co-owner Rick Fox has sued business partners Amit Raizada and Stratton Sclavos over allegations of both fraud as well as defamation stemming from the earlier racism claims. Acco...